Call reports 2021
SHERWOOD STATE BANK, THE — 2021
What SHERWOOD STATE BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 83,329,000 | 85,156,000 | 84,123,000 | 84,272,000 |
| Total loans | 54,856,000 | 55,145,000 | 52,043,000 | 51,188,000 |
| Allowance for loan losses | 576,000 | 598,000 | 598,000 | 598,000 |
| Securities available for sale | 12,502,000 | 14,500,000 | 13,844,000 | 17,314,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,483,000 | 72,352,000 | 71,239,000 | 71,977,000 |
| Interest-bearing deposits | 53,121,000 | 54,105,000 | 52,863,000 | 53,149,000 |
| Noninterest-bearing deposits | 17,362,000 | 18,247,000 | 18,376,000 | 18,828,000 |
| Equity capital | 8,783,000 | 9,093,000 | 9,154,000 | 9,146,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 924,000 | 1,950,000 | 2,754,000 | 3,532,000 |
| Interest expense | 83,000 | 155,000 | 215,000 | 267,000 |
| Net interest income | 841,000 | 1,795,000 | 2,539,000 | 3,265,000 |
| Noninterest income | 87,000 | 185,000 | 285,000 | 388,000 |
| Noninterest expense | 628,000 | 1,265,000 | 1,924,000 | 2,637,000 |
| Provision for loan losses | 26,000 | 66,000 | 67,000 | 68,000 |
| Pretax income | 274,000 | 649,000 | 833,000 | 955,000 |
| Income tax | 51,000 | 122,000 | 152,000 | 168,000 |
| Net income | 223,000 | 527,000 | 681,000 | 787,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,572,000 | 8,876,000 | 8,934,000 | 9,039,000 |